Surprise: Everyone applauds small business tax reform
Last month, Representative Dave Camp, R-Mich., chairman of the House Ways and Means Committee, released a draft of a small business tax reform bill that is designed to promote discussion among lawmakers, serving as a stepping stone to a final law.
NAMA has submitted a letter to the committee chair in support of the effort to lower tax rates and to make the tax code simpler and fairer.
Effect of sequestration on Small Business Health Care Tax Credit
Sequestration required cuts include a reduction to the refundable portion of the Small Business Health Care Tax Credit for certain small tax-exempt employers under Internal Revenue Code section 45R. As a result, the refundable portion of your claim will be reduced by 8.7 percent.
South Carolina Congressional special election takes interesting turn
Following the news that national Republicans have pulled their support for Mark Sanford, experts say he may well still win his race. That's because his campaign is capable of fundraising on its own and the fact he's running to reclaim his old House seat in a deeply conservative district.
Preventing greater uncertainty in labor-management relations act
HR 1120 prevents further labor-management instability by requiring the board to cease all activity that requires a three member quorum. The bill also prohibits the board from enforcing any action taken after January 2012 that required a quorum.
Working Families Flexibility Act of 2013
HR 1406 would remove an existing federal restriction so that employers would have the option of offering employees a choice of paid time off in lieu of cash wages for overtime worked.
California: Bill limiting vending sales on state property set for hearing
Assembly Bill 459 (Mitchell) has been set for a hearing in Assembly Business & Professions committee on April 23. This bill would amend the current law related to vending machines on state owned property. The bill would require that by 2015, 50 percent of all items in vending machines meet specified nutritional standards and that by 2017 all items must meet these standards.
Hawaii: House asking for federal labeling of GMO foods
A resolution in the Hawaii House of Representatives is asking for federal labeling of genetically modified food. The resolution, which was unanimously approved, asks Congress to support legislation requiring the U.S. Department of Agriculture and the FDA to come up with a nationwide system for monitoring and labeling of genetically engineered food.
Michigan: Bill to prohibit businesses from charging credit card fee 'killed'
HB 4255, a bill to prohibit businesses from charging customers a fee for using a credit card, was taken up in committee. Michigan Distributors and Vendors Association opposed this bill, and Committee Chair Farrington agreed to "kill" the bill due to the concerns expressed by MDVA and other businesses.
Oregon: Task force set up to look at vending on state property
Oregon HB 3403, which sought to significantly limit vending products sold in public buildings and publicly controlled building, has been amended. The bill sets up a task force including representatives from the vending industry and blind vendors. The proposed task force would be required to submit a progress report to the legislature in December of this year and then issue a final report in September 2014 for consideration in the 2015 legislative session.
Texas: Bill limiting beverage sales in schools amended
HB 217 is being amended to remove high schools from the regulations as well as electrolyte replacement beverages. In addition the bill will only apply to contracts entered into or renewed after the effective date of the bill, vending machines under contract will be governed by the law in effect when the contract was entered into.
Texas: Governor Perry unveils a 4-point plan to provide franchise tax relief
The plan would reduce the current rates by 5 percent, give taxpayers with less than $20 million in revenues an additional deduction of $1 million; reduce the EZ tax rate on small and increase the level at which taxpayers may claim the EZ deduction and allow companies to deduct their expenses in moving to Texas.
Vermont: House Committee Bill on GMO labeling of food
A Vermont House committee is taking testimony on a bill that would require the labeling of foods that contain genetically modified ingredients. The bill would exclude dairy products.
Washington: Moves ahead with GMO proposal
Washington's state legislature is one step closer to voting on a ballot initiative that would require labels on biotech foods